International Container Terminal Services Inc. (ICTSI) said on Wednesday it is making “significant progress” in its decarbonization program, announcing the launch of its Climate Change Action Initiative.
According to ICSTI Executive Vice President Christian Gonzales, the initiative will “concretize” a comprehensive roadmap for ICTSI to align its business strategy with the United Nations Climate Change Paris Agreement.
In general, the roadmap will set decarbonization targets for the entire ICTSI Group to include all terminals, covering Scope 1—direct emissions and Scope 2—indirect emissions from generation of purchased electricity.
“Through the launch of our Climate Change Action Initiative, we are demonstrating our commitment to a sustainable future. By decarbonizing our operations and addressing the challenges of climate change, ICTSI aims to contribute significantly in the global efforts towards a greener and more resilient world,” Gonzales said.
ICTSI will announce a decarbonization target for Scope 1 and 2 by the end of 2023.
The global port operator is working towards accounting for the full greenhouse gas (GHG) emissions footprint of the entire value chain including Scope 3 emissions. An inventory is expected to be established by 2025, followed by a review of relevant targets, he said.
“We believe that by embracing innovative solutions and fostering collaboration, we can create a positive impact on both the environment and our industry. Together, we can build a future that is both economically prosperous and environmentally responsible.”
To ensure a credible decarbonization strategy, ICTSI has appointed an internal team led by Nathan Clarke, vice president and head of Global Engineering—Infrastructure and Project Delivery.
Additionally, the services of Jacobs Solutions Inc., an international consulting firm, have been engaged to provide an accurate view of emissions across ICTSI terminals and develop a tangible roadmap for emission reductions. The collaboration will establish a GHG emissions baseline, develop plans for reducing GHG emissions, set targets and create a framework to monitor performance.
Currently, the company is cutting its carbon footprint by implementing processes that maximize energy and resource efficiency, reduce carbon intensity, and lower emissions.
“As a responsible global industry leader, ICTSI is taking a holistic approach to combat climate change and proactively mitigate its environmental impact. The Climate Change Action Initiative serves as a catalyst for transformative action, enabling ICTSI to play a pivotal role in the transition to a low-carbon economy,” Gonzales said.
Image credits: www.ictsi.com